OGNUSDT trade ideas
OGNUSDT, Nice sell trade is possible!Watch this! the price squeezed above the level and broke it.
We can get a great sell opportunity here!
How do you think?
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Origin protocol: Catch a falling knife?Bit of a knife catch
Simple TA,
- Demand tail at trendline support with lower volume. Go to the 4H chart and see what I mean. The volume is actually decreasing signalling a reduction in supply.
- Higher lows.
Concerns,
- Could fall further so invest with money you're willing to lose. High risk high reward.
- When it falls, usually price declines for 2-3 days so might be better waiting till it shows some sign of recovery
OGNUSDTDear friends,
According to the price retrace to Fibo 61.8 and possible PRZ zone and stoch indicator maybe we see the next uptrend wave.
OGN USDT Long Term Analysis (Scrypto Academy)We can see in HTF OGN is completing a long-overdue inverse head cycle and need to touch around $1.10usdt for an MTF full cycle and $2.4 for a full bullish HTF cycle. It will then have a short term consolidation where it creates potentially an inverse right shoulder touching around $1.86 (highly bullish sentiment) or $1.37 (linear to inverse left shoulder support) and we can see $8.5-$10 respectively for new price discovery.
OGN/USDTPrice running in falling wedge pattern so we can buy the current price or waiting for break out trendline .
SL at lowest price 0.363$
Origin protocol has an all star team. Good time to enter? $OGNFA,
- Disrupting sharing economies like Uber, AirBnb
- All star team and investors. Includes Yu Pan from Paypal Mafia. Paypal Mafia has to be the most accomplished founding team ever
- Team includes engineers,leaders,managers from Paypal, Youtube, Dropbox and other acquired companies.
- Investors include Steve Chen(youtube), Alexis Ohanian(Reddit), Randall Kaplan (Akamai), Gil Penchina(Fastly,ebay), Garry Tan (Y combinator, coinbase)
- Goal to cut out centralised intermediaries that carve out hefty fees in order to enable true P2P sharing economies.
TA,
- MACD golden cross 4H
- 4H 200ema support
- Daily hammer rejection on 120EMA
- 0.786 FIB support
Good area to start buying but I'm waiting till there's clear signs of the short term trend reversal along with the break of 0.618 level of 0.4364.
Interesting to see if it respects the long term wedge support as well
OGNUSDT SETUP S/Rognusdt setup berada pada support 0.4. dan berusaha untuk naik dan mengejar target di high sebelumnya.
OGN is bouncing off key levels OGN (competes with shopify + is the backbone of all shared economy dapps) is a solid blue chip in the crypto space. they have a real product, with real partners. recently announced an on going data share collaboration with google and the team is solid. after a pump to $.65 this sell off brings them back to previous levels. I recommend getting in here between $.35-$.40. mark my words - OGN will reach at least $1.20
OGNUSDT ANALYSISI have 4 positive signal It broke the down trendline
If you hold this coin time to sell it because it is almost touching the resistance line( $ 0,4698)
Also you can buy it right now or you can wait for turning resistance line to the support line ( $ 0,4698) and wait for EngineeringRobo' s sell signal
Have a good trade . If you still didn't use EngineeringRobo please dm me .
✳️Origin Protocol [OGN/USDT] on August 08 #OGN $OGN #OGNUSDTOGN reacted very well after hitting the $ 0.25 zone but the current buying pressure is not too strong and this will be the thing you need to be careful about when OGN hits the $ 0.37-0.38 zone.
I think OGN will need more time to break out of the $ 0.37-0.38 zone and towards the $ 0.45 and even $ 0.55 zone this August.
If you want to buy OGN, a good buy zone to buy is $ 0.33-0.34
Deciding lineUnder the 50 MA this become short term bearish. Above the 50 MA it could be a bounce from support.
OGN/USDT | Holding Structure | Support Confluence |Trade Setup Today's analysis – OGN/USDT – Consolidating at daily support as it retraces from the local swing high.
Points to consider:
- Strong Counter-trend
- Daily/Trend Support Confluence
- 21 EMA Visual Guide
- Declining Volume
- Oscillators Below 50
OGN USDT retracing in a strong countertrend from its previous swing high as it reverts to trend support, historically seen to be a key pivotal level.
Price consolidating and respecting trend support as it coincides with daily support putting emphasis on the key level.
Further price development will allow the 21 EMA to act as a visual guide, assisting in trade management.
Volume is steadily tapering off indicating an influx being imminent, likely to coincide with the breakout.
Both the RSI and Stochastics trading below 50; an indication of lacking strength and momentum in the immediate market. Oscillators are likely to neutralise as the trade sets up.
Overall, in my opinion, price needs to hold trend support; a successful S/R flip of the 21 EMA validates a long trade to technical targets above with risk defined below daily support.
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
OGNUSDT analysisOGNUSDT is very bullish. However, it has to break an ATH. with Buy 2 and bull signals last week from crypto engineering, I believe this chart has momentum to break it ATH. There is money to be made until it reaches resistence.
